labour market. In this respect, Germany can hardly be a model for Japan. In realizing economic reforms, it has made only …

While the EU is a customs union in merchandise trade (goods), it has not yet reached this stage of integration in … service trade. How far the EU is from a customs union in service trade is very difficult to assess because of the … nonquantitative nature of trade restrictions in this sector. The paper tries to present first indirections of how far the EU is from …

In this paper we analyse productivity spillovers from foreign direct investment using firm-level panel data for U … from different types of inward investment. …

Understanding the degree and evolution of competition across industries is an important step towards understanding the … impact of economic reform and competition on economic growth in Vietnam during the economic transition. In this paper, the … author investigates the evolution of competition in Vietnam during the economic transition using the price-cost margin (PCM …

This short note tries to argue that distance is not necessarily harmful for trade. It is shown that there may be an … increase in the production and volume of trade if time zones of the trading nations are non-overlapping. This implies a … positive effect of distance on the volume of trade. It is also shown that exploitation of time zone difference raises welfare …

those originating from the well-established theories of optimal indirect taxation and tax reforms, as well as public pricing. …

efficiency must also be regarded, which means the efficient usage of existing facilities and timely investment in new capacity …